The criminal trial of FTX co-founder Sam Bankman-Fried will be going ahead with the eight charges he was initially pinned for by United States prosecutors — at least for now.
In a June 14 court filing, prosecutors with the U.S. Department of Justice (DoJ) wrote a letter to district judge Lewis Kaplan saying they would proceed to try Bankman-Fried on the eight charges they levied against him in December 2022.
The DoJ lawyers cited a motion filed by Bankman-Fried in the Bahamas, who argued that many of the 13 charges he faced were not in the original indictment, which was the basis for his extradition from the country. As this is likely to be a lengthy process, the prosecutors wrote, they’re “prepared to proceed to trial as scheduled on the counts contained in the original indictment.“
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